17979. Elk City National Bank (Elk City, OK)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
6164
Charter Number
6164
Start Date
May 1, 1904*
Location
Elk City, Oklahoma (35.412, -99.404)

Metadata

Model
gpt-5-mini
Short Digest
2410331e

Response Measures

None

Receivership Details

Depositor recovery rate
100.0%
Date receivership started
1904-05-28
Date receivership terminated
1906-11-27
OCC cause of failure
Fraud
Share of assets assessed as good
37.9%
Share of assets assessed as doubtful
43.4%
Share of assets assessed as worthless
18.7%

Description

Articles report the Elk City (Okla.) National Bank failed in May 1904 (cashier J. A. Mays charged with wrecking the bank and later committed suicide). On Nov 10, 1904 the National Bank Commissioner repaid depositors dollar for dollar. No run is described; this is a failure/closure with receiver action/repayment.

Events (4)

1. March 17, 1902 Chartered
Source
historical_nic
2. May 1, 1904* Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank failed due to internal malfeasance/wrecking by cashier J. A. Mays (charged); suicide of cashier mentioned.
Newspaper Excerpt
in the Elk City (Okla.) national bank, which failed last May. Cashier J. A. Mays, who was charged with wrecking the bank, committed suicide
Source
newspapers
3. May 28, 1904 Receivership
Source
historical_nic
4. November 10, 1904 Receivership
Newspaper Excerpt
National Bank Commissioner Sturdevant, on the 10th, repaid the depositors, dollar for dollar, in the Elk City (Okla.) national bank, which failed last May.
Source
newspapers

Newspaper Articles (3)

Article from Iron County Register, November 17, 1904

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Article Text

veying Secretary was party to Panama, went ashore, on the 10th, in Pensacola harbor, off the Florida coast. Admiral Alexieff, viceroy in the far east, arrived in St. Petersburg on the 10th. In anticipation of his arrival, the Nevsky prospect was crowded with sightseers. An hour after Judge Alton B. Parker arose, on the 9th, he was out on his farm at Esopus, N. Y., seeing that the plowing was properly done. Later he went for a horseback ride. Sergt. Thomas E. Allen, of the Third district, a member of the St Louis police department for over thir ty years, was found dead in bed, or the 8th, in his room at Eighth and Pine streets. Lord Lansdowne, in the absence o Premier Balfour, at the historic lor mayor's banquet, held in London, o the 9th, made a strong plea for peac and arbitration on behalf of the Brit ish government. Former Minister to Turkey Osca S. Straus, a member of The Hagu tribunal, expressed the belief, on th 11th, that a sudden termination of hos tilities in the far east is possible i the near future. Col. D. R. Anthony, the noted edito of the Leavenworth Times, and broth er of Miss Susan B. Anthony, th woman suffragist, died at his home i Leavenworth, Kas., on the 12th, o heart disease, aged 80. With the election returns still in complete, the plurality of Presiden Roosevelt in the nation, according t all indications on the 9th, will excee 1,500,000, the greatest plurality eve given an American candidate. The Japanese, on the 10th, assume the offensive on the left bank of th Hun river, and occupied three vil lages. The Russians, however, at tacked, drove them out and again es tablished their original lines ofdefens The Spanish embassy at London, o the 9th, authorized an emphatic denia of the report circulated by a new agency in the United States of the ar nouncement of the betrothal of Kin Alfonso to Princess Victoria of Cor naught. Lou Dillon smashed the world S un paced mile trotting record at the dri ing park at Memphis, Tenn., on th 11th, by completing a mile in two mir utes and one second. The former un paced record, 2:011/4, was held jointl by Lou Dillon and Maj. Delmar. National Bank Commissioner Sturd vant. on the 10th,repaid the depositor dollar for dallor, in the Elk Cit (Okla.) national bank, which failed la May. Cashier J. A. Mays, who wa charged with wrecking the bank, con mitted suicide in Texas after being a rested. The $40,000,000 of five per cent. bon issued by the Japanese government h been subscribed for three times OF by the Japanese people, according a cablegram received, on the 9th, i S. Uchida, Japanese consul at Ne York, from the department of finan in Tokio. The Chicago & Alton officials, ( the 7th, announced that they wou run free special trains for their et ployes from Bloomington to the S Louis World's tair grounds, on N vember 12. About 2,500 employes at their families will take advantage this offer. As the result of a gunshot wound his foot, caused by the accidental d charge of a weapon he was carryin 12-year-old James Alexander Ashle while hunting with his father and t older brothers near his home at o ford, Pa., died at the University h pital in Philadelphia, on the 7th. Alexander Sutherland, said to ha been the last survivor of the famo Balaklava "six hundred," died, on t 11th, at his home in Denver, Co where he had resided for 40 years. was the trumpeter who sounded t bugle call for the memorable char immortalized in verse by Tennyson On the proposal of the Italian m ister of foreign affairs, King Vic Emmanuel will sent to J. P. M gan, of New York, the insignia


Article from The Tupelo Journal, November 18, 1904

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Article Text

tion at St. LOUIS on Saturday, the zu of November. Lieut.-Gen. Prince Sadauru Fushimi, cousin of the emperor of Japan, arrived at San Francisco, on the 9th, on the iiner Manchuria. President Roosevelt, on the 11th, announced that John Hay would continue as secretary of state during the four years beginning March 4, 1905. The cruiser Columbia, which is conof War his to went party veying Secretary Panama, ashore, Taft the and on Flor- the 10th, in Pensacola harbor, off ida coast. Admiral Alexieff, viceroy in the far in St. In of east, 10th. arrived anticipation Petersburg his arrival on with the the Nevsky prospect was crowded sightseers. An hour after Judge Alton B. Paron the 9th, was or at N. Y., ker his farm arose, Esopus, he done. seeing out Later that the plowing was properly he went for a horseback ride. Sergt. Thomas E. Allen, of the Third a member Louis department for over police district, of bed, the thir- St on ty years, was found dead in the 8th, in his room at Eighth and Pine streets. Lord Lansdowne, in the absence of Premier Balfour, at the historic lord mayor's banquet, held in London, on the 9th, made a strong plea for peace and arbitration on behalf of the British government. Former Minister to Turkey Oscar S. Straus, a member of The Hague tribunal, expressed the belief, on the 11th, that a sudden termination of hos tilities in the far east is possible in the near future. Col. D. R. Anthony, the noted editor ot the Leavenworth Times, and brother of Miss Susan B. Anthony, the woman suffragist, died at his home in Leavenworth, Kas., on the 12th, of heart disease, aged 80. With the election returns still incomplete, the plurality of President the nation, on the the all Roosevelt 1,500,000, indications in greatest 9th, plurality according will exceed ever to given an American candidate. The Japanese, on the 10th, assumed the offensive on the left bank of the Hun river, and occupied three villages. The Russians, however, attacked, drove them out and again established their original lines of defense The Spanish embassy at London, on the 9th, authorized an emphatic denial of the report circulated by a news agency in the United States of the announcement of the betrothal of King Alfonso to Princess Victoria of Connaught. Lou Dillon smashed the world's unpaced mile trotting record at the driving park at Memphis, Tenn., on the 11th, by completing a mile in two minutes and one second. The former unpaced record, 2:01 1/4, was held jointly by Lou Dillon and Maj. Delmar. National Bank Commissioner Sturdevant, on the 10th,repaid the depositors, dollar for dallor, in the Elk City (Okla.) national bank, which failed last May. Cashier J. A. Mays, who was charged with wrecking the bank, committed suicide in Texas after being arrested. The $40,000,000 of five per cent. bonds issued by the Japanese government has been subscribed for three times over by the Japanese people, according to a cablegram received, on the 9th, by S. Uchida, Japanese consul at New York, from the department of finance in Tokio. The Chicago & Alton officials, on the 7th, announced that they would run free special trains for their employes from Bloomington to the St. Louis World's rair grounds, on November 12. About 2.500 employes and their families will take advantage of this offer. As the result of a gunshot wound .n his foot, caused by the accidental discharge of a weapon he was carrying, 12-year-old James Alexander Ashley, while hunting with his father and two older brothers near his home at Oxford, Pa., died at the University hospital in Philadelphia, on the 7th. Alexander Sutherland, said to have been the last survivor of the famous Balaklava "six hundred," died, on the 11th, at his home in Denver, Col., where he had resided for 40 years. He was the trumpeter who sounded the bugle call for the memorable charge Immortalized in verse by Tennyson. On the proposal of the Italian minIster of foreign affairs, King Victor Emmanuel will sent to J. P. Morgan, of New York, the insignia of Knight of the Crown of Italy, as a testimonial of the gratitude of the Italian nation for the return of the Ascoli cope to the Italian government. A. P. Saunders, of Guthrie, Okla., defeated republican candidate for county commissioner,a and a well-known buginess and


Article from The Aberdeen Weekly, November 18, 1904

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Article Text

THE WEEKLY PUBLISHED WEEKLY. MISSISSIPPI ABERDEEN Funeral services for Archbishop Wiliam H. Elder were held at St. Peter's cathedral in Cincinnati, on the 8th. President Roosevelt has promised to attend the Louisiana Purchase exposition at St. Louis on Saturday, the 26th of November. Lieut.-Gen. Prince Sadauru Fushimi, cousin of the emperor of Japan, arrived at San Francisco, on the 9th, on the liner Manchuria. President Roosevelt, on the 11th, announced that John Hay would con tinue as secretary of state during the four years beginning March 4, 1905. The cruiser Columbia, which is conveying Secretary of War Taft and his party to Panama, went ashore, on the 10th, in Pensacola harbor, off the Flor1da coast. Admiral Alexieff, viceroy in the far east, arrived in St. Petersburg on the 10th. In anticipation of his arrival the Nevsky prospect was crowded with sightseers. An hour after Judge Alton B. Parker arose, on the 9th, he was out or his farm at Esopus, N. Y., seeing that the plowing was properly done. Later he went for a horseback ride. Sergt. Thomas E. Allen, of the Third district, a member of the St Louis police department for over thirty years, was found dead in bed, on the 8th, in his room at Eighth and Pine streets. Lord Lansdowne, in the absence of Premier Balfour, at the historic lord mayor's banquet, held in London, on the 9th, made a strong plea for peace and arbitration on behalf of the British government. Former Minister to Turkey Oscar B. Straus, a member of The Hague tribunal, expressed the belief, on the 11th, that a sudden termination of hos tilities in the far east is possible in the near future. Col. D. R. Anthony, the noted editor of the Leavenworth Times, and broth er of Miss Susan B. Anthony, the woman suffragist, died at his home in Leavenworth, Kas., on the 12th, of heart disease, aged 80. With the election returns still incomplete, the plurality of President Roosevelt in the nation, according tc all indications on the 9th, will exceed 1,500,000, the greatest plurality ever given an American candidate. The Japanese, on the 10th, assumed the offensive on the left bank of the Hun river, and occupied three villages. The Russians, however, attacked, drove them out and again established their original lines ofdefense. The Spanish embassy at London, on the 9th, authorized an emphatic denial of the report circulated by a news agency in the United States of the announcement of the betrothal of King Alfonso to Princess Victoria of Conmaught. Lou Dillon smashed the world's unpaced mile trotting record at the drivIng park at Memphis, Tenn., on the 11th, by completing a mile in two minutes and one second. The former unpaced record, 2:01 1/4, was held jointly by Lou Dillon and Maj. Delmar. National Bank Commissioner Sturdevant, on the 10th,repaid the depositors, dollar for dallor, in the Elk City (Okla.) national bank, which failed last May. Cashier J. A. Mays, who was charged with wrecking the bank, committed suicide in Texas after being arrested. The $40,000,000 of five per cent. bonds issued by the Japanese government has been subscribed for three times over by the Japanese people, according to a cablegram received, on the 9th, by S. Uchida, Japanese consul at New York, from the department of finance in Tokio. The Chicago & Alton officials, on the 7th, announced that they would run free special trains for their employes from Bloomington to the St. Louis World's tair grounds, on November 12. About 2,500 employes and their families will take advantage of this offer.